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News•by Staff•July 20, 2021

AutoNation Expects Strong Demand Into 2022

AutoNation predicts demand for new vehicles will continue into next year, as low-interest rates and robust demand helped the retailer boost quarterly earnings estimates.

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News•by Staff•July 20, 2021

Tariffs on Used Car Exports From Canada in Question

A Trump-era USMCA interpretation could subject used vehicles shipped to the U.S. to import fees.

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News•by Staff•July 15, 2021

Used Car Sales Returning to Normal

The frenzied sales fever that pushed new car sales to record heights is cooling, with demand for pre-owned vehicles returning to more normal levels.

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News•by Staff•July 15, 2021

Effects of Lockdown Keeps Vehicle Owners Locked in on Their Current Brand, J.D. Power Finds

Lexus and Subaru rank highest for third consecutive year.

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News•by Staff•July 14, 2021

Build-to-Order Gains Momentum

High demand coupled with low inventory has spurred consumers to order the vehicle they want.

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News•by Staff•July 13, 2021

Market Insights from Black Book

Wholesale values continue to decline after a monstrous 22-consecutive weeks of gains; however, sales conversion rates were also down last week. We anticipate that dealers will begin gradually and moderately reducing their floors.

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News•by Staff•July 9, 2021

Black Book Used Vehicle Retention Index Shows Another Increase In June

The June Retention Index increased again, although at the slower rate, and broke yet another record, reaching 166.0 points.

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News•by Staff•July 8, 2021

Americans are Borrowing Again

As auto loans and credit apps rise, it appears Americans are more willing to take on debt.

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News•by Staff•July 7, 2021

Proposed Bill Could Cherry Pick Winners and Losers in EV Game

A proposal that gives higher EV tax credits to union shops has caused controversy over preferential treatment for EV incentives. 

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News•by Staff•July 6, 2021

Black Book: Weekly Market Report

Wholesale values are finally starting to simmer down but make no mistake, supply channels haven’t been restored and the market remains strong.

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